Answer the following questions, Hint: Use the occounting equation. a. On January 1, Lumia Company's liabilities are $76,000 and its equity is $56,000. On January 3 , Lumia purchases and installs solar panel assets costing $26,000. For the panels, Lumia pays $12,000 cosh ond promises to poy the remaining $14,000 in six months. What is the total of Lumia's ossets after the solar panel purchase? b. On March 1, ABX Company's assets are $116,000 and its labilities are $46,000. On March 5 , ABX is fined $23,000 for failing emission stondards. ABX immediately pays the fine in cash. After the fine is paid, what is the omount of equity for ABX? c. On August 1, Lola Company's assets are $46,000 and its liabilities are $26,000. On August 4 , Lola issues a sustainability report. On August 5, ownership invests $11,000 cash and $15,000 of equipment in Lola. After the investment, what is the amount of equity for Lola? Complete this question by entering your answers in the tabs below. On January 1 , Lumis Company's tiabilities are $76,000 and its equity is $56,000. On January 3 , Lumia purchases and installs solar panel assets costing $26,000. For the panels, turnis pays $12,000 cosh and promises to pay the remaining $14,000 in six months. What is the total of Lumia's assets after the solar panel purchase? Answer the following questions Hint Use the accounting equation. 6. On January 1. Lumia Company's liabilities are $76,000 and its equity is $56,000 On Januery 3 , Lumia purchases and installs soler panel assets cossing $26,000. For the panels, Lumia pays $12,000 cash and promises to pay the remaining $14,000 in six months. What is the total of Lumia's assets after the solar panel purchase? b. On March 1,ABX Company's assets are $116,000 and is liabilities ore $46,000. On March 5 , ABX is fined 523,000 for failing emission standerds ABX immedietely pays the fine in cash. After the fine is paid, what is the amount of equity for ABX? c. On August 1. Lole Compeny's assets ore $46,000 and its liobilities are $26,000. On August 4 , Lole issues a sustainability report. On August 5 , ownership invests $11,000 cash and $15,000 of equipment in Lola. After the investment, what is the amount of equity for Lole? Complete this question by entering your answers in the tabs below. On March 1, AEX Company's assets are $116,000 and its liatilities are $46,000. On March 5 , ABX is fined $23,000 for failing emisston standards. ABX inmediately pays the fine in cash. After the fine is paid, what is the amount of equity for ABxe? Answer the following questions. Hint Use the accounting equation. o. On Januery 1, Lumio Compenys liabilities are $76,000 and its equity is $56,000.0. January 3 . Lumio purchases and installs solar penel assets costing $26,000. For the panels, Lumia pays $12,000 cash and promises to pay the remaining $14,000 in six months. What is the total of Lumia's assets after the solar panel purchase? b. On March 1, ABX Company's assets are $116,000 and its liabilites are $46,000, On March 5 , ABX is fined $23,000 for foiling emission stendords. ABX immediately pays the fine in cash. After the fine is paid, whot is the amount of equity for ABX? c. On August 1, Lola Company's assets are $46,000 and its liabilites ore $26,000. On August 4 , Lala issues a sustainabibity report. On August 5, ownership invests $11,000 cash and $15,000 of equipment in Loin. After the investment, what is the amount of equity for Lola? Complete this question by entering your answers in the tabs below. On March 1, ABX Company's essets are $116,000 and its liabsities art \$46,000, Oa March 5, A6x is fined $23,000 for faiting enission standards. AaX inmediately pays the fine in cash. After the fine is paid, what is the amount of eguity for Aax
